Olympic Steel (ZEUS) Tops Q1 EPS by 68c, Revenues Beat

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Olympic Steel Reports First-Quarter 2021 Results

May 7, 2021 6:30 AM EDT

Company reports record quarterly sales

Continued operating discipline and high metals pricing combine to deliver the most profitable first quarter in the Companys history

CLEVELAND--(BUSINESS WIRE)-- Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced financial results for the three months ended March 31, 2021.

Net income for the first quarter totaled $22.0 million, or $1.91 per diluted share, compared with net income of $0.6 million, or $0.05 per diluted share, in the first quarter of 2020. The results include $1.0 million... More